Signal Desk · Markets

CleanMax signs ₹50,000 crore MoU with Andhra Pradesh

2026-11-12 · 1 source · CNBC TV18 Market

In short

Clean Max Enviro Energy Solutions signed an MoU with the Andhra Pradesh government on a nearly ₹50,000 crore plan. It covers 3 GW of renewable energy projects and 1 GW of pumped hydro storage.

The deal matters because it is meant to power a 2 GW Green Compute Factory in Kurnool, which could support new clean-energy and computing investment.

What the reporting says

Clean Max Enviro Energy Solutions signed an MoU with the Andhra Pradesh government to invest nearly ₹50,000 crore in 3 GW of renewable energy projects and 1 GW of pumped hydro storage. The plan includes an integrated clean energy complex that will supply round-the-clock power to a 2 GW Green Compute Factory in Kurnool, being developed with Neysa. The agreement ties renewable power buildout to a large compute project.

Why it matters

Clean Max Enviro Energy Solutions signed an MoU with the Andhra Pradesh government to invest nearly ₹50,000 crore in 3 GW of renewable energy projects and 1 GW of pumped hydro storage. The integrated clean energy complex is set to supply round-the-clock power to a 2 GW Green Compute Factory in Kurnool, being developed with Neysa. The agreement links clean power infrastructure with a major compute facility.

Touches: Clean Max Enviro Energy Solutions, Neysa, Energy, Companies, Markets, Global

Sources